Germany has been investigating Deutsche Bank for various things including money laundering.
However, the US subsidiary is functionally/legally separate (like with many multinationals) so all of the paperwork, as well as the oversight, is in the US and not in Germany.
My first read on it too.
I think the problem is with āmoney launderingā - hyphenated, as per the NYT, itās an adjective, so ālapsesā is a noun. Without the hyphen, itās a noun, and so ālapsesā reads as a verb.
No, by TPM
The story is more than the headline, which if Iām not mistaken are produced by two different writers just as they are here. Read the story if you can access it. It appears that the besieged bankās whistleblower is going to be vindicated.
The NY TImes headline makes sense. The TPM headling makes it sound as if the FBI probe has lapsed (in other words, ended due to some time deadline). I read the article trying to find out what had lapsed and why.
Horse, barn doorā¦
When TPM links to NYT and WaPo stories Iām afraid that too many users cannot access them, paywall after ten articles, or something similar. So we end up picking the nits out of barebones reporting. It seems ālapsesā refers to the bankās ignoring its obligation to report on loans made to trumPP who couldnāt get loans elsewhere and existing debt. Thereās money laundering going on in Russian laundromats.
The bank lent him a total of more than $2 billion, about $350 million of which was outstanding when he was sworn in as president.
Enron is dead.
Youāre right. There are multiple ambiguous (non-)grammatical readings of the headline.
(FBI Conducting Criminal Probe) of (Deutsche Bank Money Laundering Lapses) (the intended way to be read)
or
(FBI Conducting Criminal Probe of Deutsche Bank Money Laundering) Lapses (possible alternative, though ālapsesā doesnāt quite fit with āFBI Conductingā)
Yeah, its awkward.
Maybe it should read:
FBI Conducting Criminal Probe of Lapses in Deutsche Bank Money Laundering Accounts.
IDK
No, no, itās not dead. I can assure you its total lack of movement is due to it beinā tired and shagged out following a prolonged squawk. Itās probably just pininā for the fjords.
There ā it moved!
Remarkable trading firm, the Enron Corp, innit? Beautiful plumage!
Heād get burned by the ark if he set foot near it. 
Jared Kushner better hope he gets a preemptive Pardon or that Trump wins in 2020, because, otherwise, heās going down on a number of fronts. Thereās no question heās as dirty as they come.
Barr is actually going to appoint the US Atty in Connecticut to further investigate whether the Deutschebank Money Laundering Investigation actually began with spying on the Trump Campaign and whether its oranges were in the Steele Dossier.
Ummmā¦because they do business here? Extensively. Humongously.
Lapses as in āOOOOPs!ā
Enronās collapse cost taxpayers about $65 billion. However, it occurred ahead of Worldcom collapse at about $74 billion and Tyco International at $70 billion so it quickly lost its shock value. What they have in common was the dot-com bust. I still think that when the music stops, we are likely to see a similar cynical recession with losses allocated to specific groups and others largely let off scot free. Jeff Skilling, by the way, is already released from prison and trying to repeat his last performance. Barney Frank consistently pointed out that you had to have rules governing loss, lender of last resort and moral hazard deterrents in place long before a financial collapse. This topic should top the Senateās agenda at the moment, but clearly it doesnāt. It could well be the most expensive Senate session in history if we get such a meltdown in the next 18 months.
Itās a pity the Enron Choir Invisible is not harmonizing at Sing-Sing.
Every single one of these criminal greedy traitors will walk and go on to live happy, rich lives - except Kushner. Pessimist though I am, I think heās going to do time eventually.